NYSE:ENV - Envestnet Stock Price, Price Target & More

Envestnet trades on the New York Stock Exchange (NYSE) under the ticker symbol "ENV."

Envestnet Inc (NYSE:ENV) released its earnings results on Wednesday, May, 9th. The business services provider reported $0.37 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.36 by $0.01. The business services provider had revenue of $198 million for the quarter, compared to analyst estimates of $194 million. Envestnet had a return on equity of 10.66% and a net margin of 2.48%. The company's revenue for the quarter was up 25.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.25 earnings per share. View Envestnet's Earnings History.

Envestnet is scheduled to release their next quarterly earnings announcement on Monday, August, 6th 2018. View Earnings Estimates for Envestnet.

Envestnet updated its FY18 earnings guidance on Wednesday, May, 9th. The company provided EPS guidance of $1.78 to $1.83 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.81. The company issued revenue guidance of $811 million to $821 million from $808 million to $823 million, compared to the consensus revenue estimate of $817.79 million.Envestnet also updated its Q2 guidance to $0.37 EPS.

9 brokerages have issued 1-year price targets for Envestnet's shares. Their forecasts range from $48.00 to $70.00. On average, they expect Envestnet's share price to reach $57.7778 in the next twelve months. This suggests that the stock has a possible downside of 2.2%. View Analyst Ratings for Envestnet.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Envestnet in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Envestnet saw a increase in short interest in May. As of May 31st, there was short interest totalling 1,754,083 shares, an increase of 51.7% from the May 15th total of 1,156,476 shares. Based on an average trading volume of 549,119 shares, the short-interest ratio is presently 3.2 days. Currently, 4.0% of the shares of the company are short sold. View Envestnet's Current Options Chain.

Some companies that are related to Envestnet include GrubHub (GRUB), The Western Union (WU), CDK Global (CDK), WEX (WEX), athenahealth (ATHN), Fair Isaac (FICO), Etsy (ETSY), Healthequity (HQY), Stamps.com (STMP), MAXIMUS (MMS), Cotiviti (COTV), Conduent (CNDT), TriNet Group (TNET), Ritchie Bros. Auctioneers (RBA) and GreenSky (GSKY).

Media headlines about ENV stock have trended somewhat positive recently, according to Accern. The research group scores the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Envestnet earned a coverage optimism score of 0.04 on Accern's scale. They also assigned headlines about the business services provider an impact score of 48.56 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near term.

Envestnet's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Peregrine Capital Management LLC (0.63%), Summit Creek Advisors LLC (0.58%), Scout Investments Inc. (0.21%), Radnor Capital Management LLC (0.02%) and Amalgamated Bank (0.01%). Company insiders that own Envestnet stock include Anil Arora, Charles Roame, Gayle A Crowell, Joshua Mayer, Judson Bergman, Matthew Majoros, Peter D'arrigo, Scott D Grinis, Shelly O'brien and William Crager. View Institutional Ownership Trends for Envestnet.

ENV stock was sold by a variety of institutional investors in the last quarter, including Radnor Capital Management LLC and Scout Investments Inc.. Company insiders that have sold Envestnet company stock in the last year include Anil Arora, Gayle A Crowell, Joshua Mayer, Judson Bergman, Matthew Majoros, Peter D'arrigo, Scott D Grinis, Shelly O'brien and William Crager. View Insider Buying and Selling for Envestnet.

ENV stock was acquired by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Summit Creek Advisors LLC and Amalgamated Bank. Company insiders that have bought Envestnet stock in the last two years include Charles Roame, Gayle A Crowell and Judson Bergman. View Insider Buying and Selling for Envestnet.

Shares of ENV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of ENV stock can currently be purchased for approximately $59.10.

Envestnet has a market capitalization of $2.65 billion and generates $683.68 million in revenue each year. The business services provider earns $-3,280,000.00 in net income (profit) each year or $0.88 on an earnings per share basis. Envestnet employs 3,516 workers across the globe.

Envestnet's mailing address is 35 EAST WACKER DRIVE SUITE 2400, CHICAGO IL, 60601. The business services provider can be reached via phone at 312-827-2800 or via email at [email protected]